Latest Financial Results – Page 6

  • Assembly Line
    Article

    Cautious mood at Pierer Mobility despite record revenue and unit sales in 2023

    2024-01-30T10:13:00Z

    After Austrian two-wheeler giant Pierer Mobility AG presented its first preliminary business figures for 2023 earlier this month, the company announced additional details on Jan. 29. The public company achieved both a record turnover of €2.661 billion (+9%) and record sales (381,555 motorcycles = +2% and 157,358 bicycles including e-bikes ...

  • Solo
    Article

    Solo Brands updates FY 2023 guidance, announces leadership change

    2024-01-09T14:07:00Z

    Solo Brands, Inc., the parent company of the Solo Stove, Chubbies, Oru Kayak, Isle and Icy Breeze brands, announced the appointment of Christopher T. Metz as its new President, Chief Executive Officer and Director of the Board, effective Jan. 15, 2024. Metz succeeds John Merris, who will be stepping down ...

  • WOLVERINE-WORLDWIDE-INC.1
    Article

    Wolverine Worldwide on FY course, Merrell to grow beyond trail

    2024-01-09T11:13:00Z

    Wolverine World Wide, Inc. provided an update on its preliminary, unaudited financial results for FY 2023 and its ongoing transformation efforts ahead of its presentation at the 2024 ICR Conference this week. “We’re executing the stabilization phase of our strategic transformation with tremendous pace while redesigning Wolverine Worldwide for the ...

  • Osprey_Logo_Logo
    Article

    Osprey sales strong for Helen of Troy

    2024-01-09T06:52:00Z

    Osprey sales grew in Great Britain, Germany, and France during Q3, driven by strong travel demand and a “robust product line-up.” Helen of Troy executives said the outdoor brand, which introduced a redesigned Sojourn travel series last fall, continues to exceed its expectations. Meanwhile, the parent continued to see consumer ...

  • johnson-outdoors-logo
    Article

    Johnson Outdoors sees return to pre-pandemic order seasonality

    2023-12-11T09:00:00Z

    Johnson Outdoors reported a Q4 operating loss of $22.6 million against a profit of $13.3 million for the three months ended Sep. 29, as three of the group’s operating segments generated lower year-over-year sales. The Q4 net loss was $16.0 million against a profit of $9.7 million as total sales ...

  • Schwan_Stabilo_Logo
    Article

    Deuter parent Schwan-Stabilo confirms last year’s solid performance

    2023-11-25T15:06:00Z

    Source: Schwan-Stabilo Sebastian Schwanhäußer, Group CEO Volatile markets, war, inflation and cautious consumers once again posed considerable challenges for the Schwan-Stabilo Group with its three business areas of cosmetics, writing instruments and outdoor. Nevertheless, the previous year’s positive trend continued – partly due to this varied business ...

  • Giant Group Logo
    Article

    Giant Group reports further slump in sales and profit in the western markets

    2023-11-15T07:01:00Z

    Back in August, Giant Manufacturing reported a sales high in China in Q2, which more or less made up for the slump in sales in Europe and North America. In Q3, this was no longer the case – both the consolidated sales and the profit dropped by double digits. Consolidated ...

  • Ideal Bike Corporation Logo
    Article

    Ideal Bike posts further losses – will Q4 save the day?

    2023-11-15T07:01:00Z

    After Taiwan’s third-largest bicycle manufacturer Ideal Bike Corporation slipped into negative numbers in H1 of FY 2023, the negative operating results and net losses have continued in Q3. At TWD 3.23 billion (€92.78m), total sales in the third quarter of 2023 were 21.7 percent lower than in the same period ...

  • MERIDA HQ 美利達公司
    Article

    Merida’s sales and profit down double-digits in the first 9 months, but…

    2023-11-14T08:08:00Z

    Taiwan’s second-largest bicycle manufacturer Merida Industry Co., Ltd., achieved total sales of TWD 22.53 billion (€651.44m) in the first three sales quarters of FY 2023. Compared to the first nine months of the previous year, this is a decrease of 14.6 percent. Despite this double-digit decline in sales, gross profit ...

  • WOLVERINE-WORLDWIDE-INC.1
    Article

    Wolverine lowers outlook as transformation plan picks up pace

    2023-11-11T08:20:00Z

    Wolverine Worldwide’s Q3 results weren’t pretty, but they did exceed Street estimates on several fronts as the Merrell, Saucony, and Sweaty Betty parent moved forward with numerous initiatives aimed at reducing annualized costs by $215 million and turning the company’s fortunes in the right direction again. Net income slid ...

  • hGears Atmo
    Article

    Inventory levels and sluggish consumption continue to weigh on hGears’ business

    2023-11-09T12:10:00Z

    German precision gear and component manufacturer hGears AG has announced its figures for the first nine months of FY 2023. It generated consolidated revenue of €84.1 million in these first three sales quarters. This is 18.8 percent less compared to the same period of the previous year. The company said ...

  • Ternua
    Article

    Ternua optimistic for FY23

    2023-11-09T11:00:00Z

    “We expect to end [the current year] growing by double-digits with respect to 2022, even though the weather was not with us at the start of the present campaign for autumn/winter 2023/24.” So says Imanol Muñoz, Director of Marketing at Ternua Group, who has granted an interview to CMDsport. The ...

  • Clarus logo
    Article

    Clarus cuts FY guidance again after Q3 sales slip 14%

    2023-11-08T17:14:00Z

    Clarus Corp. cut its full-year guidance for a second time after sales in the third quarter slipped by a reported 14 percent to $100.1 million and were 13 percent lower at constant currency rates. “Looking towards the fourth quarter, our priorities remain set on seeking the stabilization of sales and ...

  • ThredUp logo1
    Article

    ThredUp reports 21% sales increase in Q3

    2023-11-08T13:27:00Z

    California-based online resale platform ThredUp Inc. reported a 21 percent year-over-year increase in revenue for its third quarter ended Sept. 30, 2023, reaching $82.0 million. Adjusted Ebitda loss was $3.6 million, or negative 4.4 percent of revenue, compared to $11 million, or negative 16.2 percent of revenue, in Q3 of ...

  • renewcell-og-image
    Article

    Renewcell reports operating loss of €4.4m, believes in break-even

    2023-11-07T16:35:00Z

    Swedish textile recycler Renewcell has reported an Ebitda result of -51 million Swedish kroner (€-4.4m) for Q3 of 2023, compared to SEK -59 million (€-5.0m) in the same period last year. Net sales amounted to SEK 84 million (€7.2m), in line with the same quarter last year. Cash flow from ...

  • Leatt Logo
    Article

    Leatt with a positive outlook on the horizon despite weak Q3 results

    2023-11-07T14:43:00Z

    The two-wheeler protective equipment supplier Leatt Corporation from Durbanville, South Africa, has suffered further heavy losses in the third quarter of the current financial year. Compared to Q3 of the previous year, total sales fell by 48 percent to US$12 million. The result for the first three sales quarters of ...

  • Fox Factory2
    Article

    Fox Factory’s SSG sales slump weighs on overall result

    2023-11-03T16:36:00Z

    With the presentation of the Q3 report for FY2023, suspension specialist Fox Factory Holding also announces the signing of a definitive agreement to acquire Marucci Sports’ parent company Wheelhouse Holdings. At the same time, the US company has adjusted its sales forecast for 2023 downwards to between $1.43 and 1.47 ...

  • Bike24 Logo
    Article

    Bike24 reports sales increase for complete bikes, PAC sales drop

    2023-11-02T15:16:00Z

    As previously reported, the board of listed e-commerce bicycle retailer Bike24 Holding AG has adjusted and downgraded its previous full-year forecast “based on preliminary calculations for the third quarter of 2023.” The Q3 report, presented on Nov. 2, highlights the continued growth of its complete bike sales instead of declining ...

  • garmin
    Article

    Garmin posts strong Q3 results

    2023-11-02T08:27:00Z

    Bolstered by double-digit percentage growth in revenue, operating income and net income and record Q3 sales in four of five segments, Garmin reported a 12.9 percent increase in operating income to $270.4 million for the period ended Sept. 30 as net income came in 22.0 percent higher at $257.2 million ...

  • vista_outdoor_logo_kopie_8
    Article

    Vista Outdoor will prioritize debt reduction ahead of vote on Sporting Products divestiture

    2023-11-02T08:26:00Z

    Vista Outdoor, which agreed in mid-October to sell its Sporting Products business to Czechoslovak Group a.s. (CSG) for an enterprise value of $1.91 billion, says it will continue to prioritize debt reduction ahead of a vote by shareholders to approve the sale. The company finished Q2 on Sept. 24 with ...